quora
Nobody downloaded yet

The long-term effects of unemployment on a person - Essay Example

Comments (0) Cite this document
Summary
Name: Instructor: Course: Date: Long Term Effects of Unemployment on a Person Unemployment is the situation where people are without paying occupations and seeking to get into one (Motoko 9). They are available for work but unable to secure it. Unemployment rate portrays a measure of its prevalence in a country and is a criterion to determine the country’s growth, quantified as a percentage…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.9% of users find it useful
The long-term effects of unemployment on a person
Read TextPreview

Extract of sample
"The long-term effects of unemployment on a person"

Download file to see previous pages On the other hand, unemployment will increase depression and anxiety, decrease self esteem and cause detrimental health consequences. This situation worsens when efforts to secure employment continuously end in failure over a prolonged period of time (Motoko 9). This paper will discuss the causes, long term effects on individuals and possible solutions to unemployment. Causes of Unemployment Unemployment may be occasioned by several factors in different forms. They include rising costs of operating business, mismatch of skills and required types of jobs available in a region, and rapid growth of technology (Ruhm 618). In the example of rising costs of operations, the automobile industry is undergoing difficulties due to the rising prices of oil and oil products. The high prices of oil are eating into company profits, forcing investors in the industry to cut down on wage and salary budgets, hence reducing the number of employees (Ruhm 619). When there is a variance of skills and the jobs available in the same area, most citizens are rendered unsuitable for employment because they do not match the fundamental requirements. Furthermore, with rapid advances in technology, employees need to be more efficient than they were before. This calls for more advanced training that requires extra funding, which may be unavailable to uninformed citizens (Motoko 51). Another cause may be the fact that there are individuals available for the jobs, but they usually find themselves in the hardships of transitions between jobs either because they have not identified a job that interests them or they are not suitably qualified (Motoko 51). Effects of Unemployment Unemployment has negative effects on an individual’s personality, social life, physical and emotional health (Ruhm 618). Among the most significant long term psychological effects are stress, depression and suicidal tendencies. Stress is a complex result because most other effects end up in different types of stress. Studies have shown that persons who lost employment spent more time on visits to health centers, used more medication and spent more days on sick rest than those who were actively employed (Ruhm 622). Unemployment is a stressful occurrence that has potential to affect mortality and morbidity in national health trends, death trends or individual persons’ changes in specified times. Stress Unemployed people are not able to earn money and fit productively into society (Boyce, Wood & Brown 531). Stress is a key effect of unemployment, and its levels are directly proportional to the duration an individual has been out of employment. Money, success and social status, makes an individual confident, and a well paying job is synonymous with these aspects. Unemployment reduces peoples’ satisfaction levels with their careers and finances (Motoko 51). When a job is lost, an individual loses confidence and self esteem, which grows into stress as time advances. High levels of stress are known to impact physical effects on the human body and most unemployed people are known to ignore self care practices leading to a degrading level of health (Ruhm 624). Unable to Fulfill Financial Obligations With the inability to earn substantial, regular income, most unemployed people soon exhaust their savings (Motoko 84). Long term commitments entered into while still with the security of employment, such as mortgage ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The long-term effects of unemployment on a person Essay”, n.d.)
Retrieved from https://studentshare.org/english/1463158-the-long-term-effects-of-unemployment-on-a-person
(The Long-Term Effects of Unemployment on a Person Essay)
https://studentshare.org/english/1463158-the-long-term-effects-of-unemployment-on-a-person.
“The Long-Term Effects of Unemployment on a Person Essay”, n.d. https://studentshare.org/english/1463158-the-long-term-effects-of-unemployment-on-a-person.
  • Cited: 2 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Wealth disparity and effects of long-term Unemployment on the United States Economy
Name: Instructor: Course: Date: Wealth disparity and effects of long-term Unemployment on the United States Economy Summary of the news article In the article on New York times “The Jobless Trap” by Paul Krugman dated April 21, 2013, The US employment situation is explored and the wealth disparity consequence this has on the economy is equally discussed.
7 Pages(1750 words)Essay
Long term effects of CO2 emmisions
The chart of air composition shows that there is approximately 0.035% of CO2 in the atmosphere. A short-term exposure to CO2 is not injurious to human health. However, high concentrations of this gas can have toxic or harmful effects. Volunteers exposed to CO2 experienced increased depth of breathing, dyspnea, increase in pulse rate, headaches, restlessness, vision distortion (photophobia), dizziness, sweating, decreased mental performance and discomfort.
2 Pages(500 words)Essay
Social Consequences Of Long Term Unemployment
Social consequences of long term unemployment Employment whether self or formal, is very important in the general wellbeing of an individual. This affects both the social life as well as the country’s economic stability. An individual is able to access quality services and able to afford the best life and luxuries that accompany high purchasing power.
5 Pages(1250 words)Essay
Unemployment
Classical economics or neoclassical economics focus on rigidities in the labor market caused by the operating laws such as minimum wage act, taxes, and other regulations that restrict employers to hire more workers in the job. There are many who accept unemployed status voluntarily because of unsatisfactory employment available.
9 Pages(2250 words)Essay
The long-term effects of unemployment on a person
This essay will focus on three effects of long-term unemployment. For the majority of persons the long-term effects are in the form of financial setbacks, strained family relationships and psychological effect. One of the immediate effects of long-term unemployment is felt in
2 Pages(500 words)Essay
Long term psychosocial effects of parental divorce
o have to endure the psychological impacts of their parents’ divorce for the rest of their lives right from the point in time, in which the divorce happens. The trauma they go through has a long lasting impact on their psychology and they find it very difficult, to live their
5 Pages(1250 words)Essay
Obesity in children-long term effects
Childhood obesity has both immediate and long-term effects that prevents them from having an active lifestyle and adds to their medical expenses. As
2 Pages(500 words)Essay
Impact of Long-term Unemployment on Women's Mental Health
Long-term unemployment has been identified as one of the causes of poor mental health. This situation may be extreme, hence leading to economic and social effects on the unemployed person. Some women often develop mild mental health problems while others experience acute mental health issues when they are faced with challenges such as unemployment.
12 Pages(3000 words)Essay
US long-term unemployment
I believe that there being a shortfall in inflation, monetary policy does not have the ability of hitting a given rate of inflation or level of price. The inflation shortfall is combined with a decline in employment,
1 Pages(250 words)Essay
Major social consequences of long-term unemployment
People from childhood are being slowly prepared for eventually becoming a part of the workforce. Upon graduation from high school many adults elect to go to college to learn new traits and skills that will prepare them for a career.
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic The long-term effects of unemployment on a person for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us